HDB Financial Services Ltd

ESOP Allotment

• The company allotted 1,21,016 equity shares to employees on August 24, 2026 under ESOP schemes.
• Paid-up capital increased from Rs. 8,30,64,39,190 to Rs. 8,30,76,49,350.

Meeting Details

• Aug 26, 2026 — Morgan Stanley Virtual India Financials Seminar; Group, Virtual.
• Sept 01, 2026 — Elara India Dialogue 2026; One-on-One/Group; In-person; Mumbai.
• Sept 10, 2026 — UBS India Summit 2026; One-on-One/Group; In-person; Mumbai.
• Sept 14, 2026 — Group Meeting organized by Jefferies; Group; In-person; Gurugram.
• Sept 16, 2026 — Jefferies 5th India Forum; One-on-One/Group; In-person; Gurugram.

Purpose

• Purpose: Schedule of analyst/institutional investor meetings under Regulation 30.

Additional Notes

• Schedule may change; revisions will be communicated to stock exchanges.

Meeting Details

• Date: August 21, 2026; Type: Group; Mode: In-person; Place: Varanasi; Organizer: ICICI Securities.

Purpose

• Schedule for Analyst / Institutional Investor Meeting.

Financial Performance

• Disbursements for quarter ended June 30, 2026 were ₹17,629 crore, up 16.2% YoY.
• Gross loan book stood at ₹1,21,846 crore as of Jun 30, 2026; +11.3% YoY, +2.8% sequential.
• PAT for the quarter was ₹785 crore, up 38.3% YoY, +4.6% QoQ.
• Net interest income was ₹2,509 crore, up 19.9% YoY, +4.6% QoQ.
• NIM for Q1FY27 was 8.35%, vs 8.23% (Q4FY26) and 7.74% (Q1FY26).
• Cost-to-income ratio for lending business was 39.9% in Q1FY27.
• PPOP for the quarter was ₹1,726 crore, up 24.3% YoY, +3% QoQ.
• Credit cost for the quarter was 2.32% (vs 2.35% prior quarter).
• ROA 2.5% and ROE 15% for the quarter ended June 30, 2026.
• Earnings per share ₹9.5; book value per share ₹256.7.
• Total CRAR stood at 21.29% as at June 30, 2026.
• Customer franchise grew to 23.9 million; +18.6% YoY, +4.1% sequential.

Segment Trends

• Enterprise Lending: disbursements up 14% YoY; LAP+ EBL up 13.2% YoY.
• Gold loans disbursements and book doubled year-on-year.
• Unsecured Business Loans disbursements accelerated in Q1; asset quality remained healthy.
• Asset Finance: CV book +10% YoY; CE book +8% YoY; Stage 3 improved sequentially.
• Consumer Finance: book +7.5% QoQ; +21% YoY; consumer durables +50% YoY; auto loan +21% YoY.
• AI-led lifecycle shift under 'Shikhar' to enhance customer engagement.

Outlook and Guidance

• No formal full-year guidance; management targets credit cost around 2.3% (steady-state).
• ROA target remains 2.5%; ROE expected around 15%.
• Cost of funds to stay range-bound; current ratio around 1.3.
• Asset Finance momentum expected to improve; disbursements to gain pace in coming quarters.
• Shikhar umbrella to consolidate AI transformation and lifecycle offerings.

Q&A Highlights

• Asset Finance momentum expected to improve from July onwards; run rate to rise.
• MFI remains a pilot; not a major growth driver.
• Credit-cost trajectory discussed; no strict annual guidance; responsive to macro.
• Gold loan and Consumer Durables contributed to growth; field execution emphasized.
• Cost of funds to remain range-bound; liquidity flexibility maintained.

Meeting Details

• July 15, 2026: Earnings call for quarter ended June 30, 2026; mode: audio; available on company site.

Issue Overview

• IPO of equity shares via public issue.
• Total IPO size reported; no undersubscription; small reallocation from Tier-I to offer expenses.
• Main uses: augment Tier-I capital and fund offer-related expenses.

Utilisation of Proceeds

• Utilisation aligned with offer document; no material deviation.
• Reallocation from Tier-I to offer expenses approved by the board.
• Tier-I capital augmentation fully utilised; offer expenses partially utilised with unutilised funds parked in public issue account.

Governance and Compliance

• All required statutory approvals obtained.
• No material events affecting viability; no management changes or regulatory actions.
• Board-approved reallocation of funds disclosed.

GCP

• GCP not applicable.